OCCBSA / AMLApril 10, 2026

OCC, FDIC & NCUA Propose Risk-Based AML/CFT Program Rules for Banks

The OCC, FDIC, and NCUA are jointly proposing amendments to require banks and credit unions to maintain AML/CFT programs that are risk-based, outcomes-focused, and aligned with the concurrent FinCEN AML Act rulemaking — modernizing a framework that has remained largely unchanged for decades. Banks with crypto-related customers or services should pay particular attention, as the risk-based approach may reshape how they assess and document illicit finance risks associated with digital assets. This proposal runs in parallel with the FinCEN proposal and compliance officers should review both together.

What to do

Map your current AML/CFT program against the proposed risk-based requirements, identify documentation and governance gaps, and coordinate with your BSA Officer to draft a comment letter or engage your banking regulator during the comment period.

Who this affects

Bank / Credit UnionTrust CompanyFintech / Neobank

Does this affect your program?

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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